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USDJPY Bearish Butterfly and Short Opportunity

First Target reached: 50 Pips

USDJPY Bearish Butterfly and Short Opportunity

At the D Leg 107.600 – 107.700 Bearish Butterfly Harmonic Pattern would be completed.

Targets of the pattern: 107.200 and 106.900 SL: 107.900

Update: First Target Reached. Close 50% of the positions move SL to entry.  50 pips so far.

 

USDJPY Bearish Butterfly: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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